Seller Concludes 60-Year Ownership of Oceanside Industrial Property

Seller Concludes 60-Year Ownership of Oceanside Industrial Property
Seller Concludes 60-Year Ownership of Oceanside Industrial Property

**Marcus & Millichap Facilitates Sale of Oceanside Industrial Property**

Marcus & Millichap recently closed the sale of 634 Crouch St., a 5,800-square-foot industrial property in Oceanside, for $1,500,000.

“The seller has owned this property since it was built in the 1960s, housing a variety of automotive uses,” said Ben Tashakorian, executive managing director in Marcus & Millichap’s San Diego Del Mar office. “The property was not marketed, but the buyer, who owns adjacent properties, was interested in adding it to their industrial portfolio along Oceanside Boulevard, which now totals nearly 100,000 square feet.”

Tashakorian and Brad Peters of The Tashakorian Group, based in the firm’s San Diego Del Mar office, represented the seller, Premier Property Management, LLC. The buyer, Legacy West Partners, LLC, was also procured by The Tashakorian Group.

The property consists of six buildings on 0.41 acres across two parcels and was fully leased at the time of sale.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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